Blog

When Is Joint Custody the Wrong Call?

September 22, 2016
Posted in: Child Custody

When it comes to custody of a child after divorce, the default — for good reason! — is joint custody. That good reason is that in general, children are better off the more loving adults are in their life. Of course, science and law have both advanced significantly since this doctrine was first put forth in the 80s. Today, we ...

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When There’s No Money or Assets, What Does a Divorce Do?

September 19, 2016
Posted in: Divorce

Here’s an interesting statistic: the richest X Americans have as much wealth between them as the bottom 40%. It’s true! And yes, it’s true no matter what number X is. How? Because when you calculate wealth in terms of ‘assets minus liabilities’ (which is the typical way of making that calculation), it turns out that the bottom 40% of Americans ...

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Divorce, Separation of Property, and Unconventional Assets

September 12, 2016
Posted in: Divorce

We did a post a couple of weeks ago about the long-term effects that divorce and its associated separation of property can have on family finances. We got some unique questions in response, and we thought we’d do a short article on some examples of genuinely unconventional assets that can — and should — be taken into account during the separation ...

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The Divorce Rate Debate

September 8, 2016
Posted in: Divorce

There’s a lot of material written about the divorce rate these days. It’s possible to find articles from as recently as a week ago that bemoan the rise of the divorce rate to 52.5%, and other articles from the same day celebrating the reduction of the divorce rate to 38%. What’s the truth? What is the divorce rate? And does ...

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Men, Women, Divorce and Employment: If She’s the Breadwinner

September 5, 2016
Posted in: Divorce

Since about the Industrial Revolution (though, oddly, not much before that!), it’s been a standard in the Western world that men are the breadwinners and women are the homemakers. Even in marriages where both spouses work, it’s still a ‘safe’ assumption that the husband brings in more than the wife. In Michigan family court, the software used to calculate spousal ...

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Separation of Assets Has Lifelong Consequences

September 1, 2016
Posted in: Divorce

People think that the separation of assets that occurs during a divorce is a one-time event — that once it happens, it’s done, and the effects are over. That’s just not the case; oftentimes the financial effects of divorce linger until — or even beyond — the end of your life.  While most couples name either the cost of divorce ...

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Child Custody IAQ: Crossing State Lines aka Parental Kidnapping

August 29, 2016
Posted in: Child Custody

Child custody cases are extremely complex, and not just because of the human realities and emotional investment involved — they’re complex just on their own, as legal entities. That’s why we’re devoting a couple of weeks this month to a short Child Custody IAQ: Infrequently Asked Questions. Today’s questions involve crossing state lines with your children, often a crucial factor ...

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Child Custody IAQ: Custody of Children with Special Needs

August 25, 2016
Posted in: Child Custody

Child custody cases are extremely complex, and not just because of the human realities and emotional investment involved — they’re complex just on their own, as legal entities. That’s why we’re devoting a couple of weeks this month to a short Child Custody IAQ: Infrequently Asked Questions. Today’s questions involve custody cases wherein the child in question has special needs ...

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Child Custody IAQ: How to Take Custody of an Endangered Kid

August 22, 2016
Posted in: Child Custody

Child custody cases are extremely complex, and not just because of the human realities and emotional investment involved — they’re complex just on their own, as legal entities. That’s why we’re devoting a couple of weeks this month to a short Child Custody IAQ: Infrequently Asked Questions. Today’s questions are all about someone (generally a grandparent or uncle, but sometimes ...

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Child Custody IAQ: What If Neither Spouse Wants the Kid?

August 18, 2016
Posted in: Child Custody

Child custody cases are extremely complex, and not just because of the human realities and emotional investment involved — they’re complex just on their own, as legal entities. That’s why we’re devoting a couple of weeks this month to a short Child Custody IAQ: Infrequently Asked Questions. Today’s questions involve the hopefully rare circumstance of a divorce in which neither ...

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